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we have obama in the white house. the unions are going whild here. in all seriousness, i don't think unions are any more placid here than they are in china. >> but in china, workers go out on wildcat strikes all the time. foxconn which manufactures about 97% of apple's products, they've been really subject to labor troubles, from suicides to strikes. so i think apple is starting to see that there are some really important economic reasons to manufacturing. they're not the only company doing that. >> is it robots they're going -- i was told that apple is going into a plant in the u.s. that's a robotic plant so american workers aren't really going to be hired. >> last year in foxconn, they had 10,000 robots. if you have robots, china's cost manufacturing advantage is really nil except for chinese consumers. >> as long as we keep drilling for natural gas and we have the shale revolution, that's going to make us more competitive. i'm not making a case for china. i'm just a little interested in the apple case. that's what i'm saying. i'm a little interest
we have obama in the white house. the unions are going whild here. in all seriousness, i don't think unions are any more placid here than they are in china. >> but in china, workers go out on wildcat strikes all the time. foxconn which manufactures about 97% of apple's products, they've been really subject to labor troubles, from suicides to strikes. so i think apple is starting to see that there are some really important economic reasons to manufacturing. they're not the only company...
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meeting with president barack obama. we don't know what they said, and we're in the era now of parsing every single word they do say publicly. nancy pelosi was out before cameras, although it's hard to get a lot of indication of what's going on with had statement. take a listen. >> the only obstacle standing in the way of middle income tax relief are the republicans unwillingness to ask the top 2% to pay their fair share. >> and if you listened carefully to speaker john boehner, he did say that there was no progress to report, but he may have been hinting a little bit of where there's some room for a deal here if the president will just meet him maybe not even halfway. listen to the speaker. >> there are a lot of things that are possible to put the revenue the president seeks on the table, but none of it's going to be possible. the president insists on his position, insists on my way or the highway. that's not the way to get to an agreement. >> so where are we now? i think we're basically at a point where speaker boehner
meeting with president barack obama. we don't know what they said, and we're in the era now of parsing every single word they do say publicly. nancy pelosi was out before cameras, although it's hard to get a lot of indication of what's going on with had statement. take a listen. >> the only obstacle standing in the way of middle income tax relief are the republicans unwillingness to ask the top 2% to pay their fair share. >> and if you listened carefully to speaker john boehner, he...
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president obama addresses the business roundtable and that could be critical. david has an exclusive interview with ken moelis. back to you guys. >> let's get six in 60. six stocks in 60 seconds. >> yesterday's news overshadowed by many things. a fantastic quarter. we knew it would be household formation buying on weakness. >> 17 straight. number of quarters where they beat it. this was a major miss. >> rbc does not like clf. this is again china. i don't like it either but china is coming back. >> naz 100 taking on facebook. >> money is an index to the naz 100. people paid for this in premarket. it was a mistake. >> citi thinks limited can do a special div. >> limited has a lot of cash. gap said no yesterday. hurt the stock. >> goldman starts utx neutral. great company. a slap in the face, carl. boom. slap in the face. >> you got that right. what's on "mad" tonight? >> i have been featuring these investment -- look, the etf. i've been feeling they know america. i have to know how bad america is. they do the southeast. great company. >> we've not talked a lot ab
president obama addresses the business roundtable and that could be critical. david has an exclusive interview with ken moelis. back to you guys. >> let's get six in 60. six stocks in 60 seconds. >> yesterday's news overshadowed by many things. a fantastic quarter. we knew it would be household formation buying on weakness. >> 17 straight. number of quarters where they beat it. this was a major miss. >> rbc does not like clf. this is again china. i don't like it either...
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and frankly, all we've heard from the white house is what they're not willing to do. so the president has signed the it tension of these rates in the past. i think the underreported story in all of this drama are senate democrats that are wringing their hands and avoiding eye contact. >> mcconnell would have produce the brought it up not just as an amendment. >> we're too busy today, forget it. >> they can't pass it in their own house. >> so here is the question. the operative question is does this administration really want to take to us $22 trillion? is that really where they want to go? because that's the pathway. and if they do, aren't we better to deal with this right now? this doesn't get any better the longer we wait. when you have the speaker saying we're willing to move, our movement is to put revenue on the table -- >> are you saying a bucket of crazy is better than the long term implications? >> that's what the country is dealing with. neither are things you want to embrace because they're both miserable. but based on experience in illino illinois, illinois
and frankly, all we've heard from the white house is what they're not willing to do. so the president has signed the it tension of these rates in the past. i think the underreported story in all of this drama are senate democrats that are wringing their hands and avoiding eye contact. >> mcconnell would have produce the brought it up not just as an amendment. >> we're too busy today, forget it. >> they can't pass it in their own house. >> so here is the question. the...
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our john harwood is live at the white house with more on that. john, good morning. >> good morning, carl. you know the president's been very clear since the election that republicans need to give on taxes for people at the top and not just on revenues, but also on tax rates because he says the math can't work otherwise. we've seen some signs of cracking in the republican unity. that suggests we may be getting to the next phase of negotiations. the latest sign was possible corker, the senator from tennessee, who was on our air just a few minutes ago, as you know, saying republicans should concede ground on top tax rates and then get on to other issues. >> the best place for republicans to be, to me, is to pass the rate of rate increases, be done with it, the numbers aprobably much smaller than is going to ultimately be negotiated, and then we still are focused on the right thing, which is entitlement changes. >> and that may be what john boehner and president obama are discussing yesterday, and in the days to come. because, speaker boehner needs s
our john harwood is live at the white house with more on that. john, good morning. >> good morning, carl. you know the president's been very clear since the election that republicans need to give on taxes for people at the top and not just on revenues, but also on tax rates because he says the math can't work otherwise. we've seen some signs of cracking in the republican unity. that suggests we may be getting to the next phase of negotiations. the latest sign was possible corker, the...
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. >> guys we're going to leave it there, katy stockton and brian white, thank you. tim cook being interviewed by brian williams, that is tonight on nbc's rock center. 10:00 p.m. on your local nbc station. >>> meantime, house speaker boehner and president obama speaking on the phone last night about the fiscal cliff. there still seems to be a freeze in the negotiation. >> there's nothing going on privately that's not going on the publicly. >> they've got to come with some specific revenue. they have refused to do that. >> we need that consensual break through. >> although the president seems obsessed on raising taxes for you. >> that is a bad strategy for america, it's a bad strategy for your businesses and it is not a game that i will play. >> is the administration prepared too go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the wealthiest 2%. remember it's only 2%. >> with just 25 days to go, the political satandoff could cost the u.s. millions of jobs. professor, good to have you back, g
. >> guys we're going to leave it there, katy stockton and brian white, thank you. tim cook being interviewed by brian williams, that is tonight on nbc's rock center. 10:00 p.m. on your local nbc station. >>> meantime, house speaker boehner and president obama speaking on the phone last night about the fiscal cliff. there still seems to be a freeze in the negotiation. >> there's nothing going on privately that's not going on the publicly. >> they've got to come with...
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house speaker boehner meeting with president obama at the white house. but what will it take to get a compromise deal? republican senator john thune will be our guest host for the hour. >> plus starwood hotel ceo frits van paaschen on the effects of the fiscal cliff and avoiding the european recovery model. >> we know big ben. >> parliament. >> the third hour of "squawk box" begins right now. >>> welcome back to "squawk box" here on cnbc. first in business worldwide i'm joe kernen along with becky quick. andrew ross sorkin is off today. we have a big lineup this hour. sitting in andrew's seat our guest host, senator john thune. he is with us for the hour to talk about the fiscal cliff. talk about jobs. and a lot more. we're also going to speak to the president of telemundo media. emilio row mano. we're going to convene an economic summit to tackle america's debt crisis and outline growth scenarios for 2013. in addition to solving our budget problems and the fiscal cliff, we're also going to figure out how it affects the hotel industry with starwood's hot
house speaker boehner meeting with president obama at the white house. but what will it take to get a compromise deal? republican senator john thune will be our guest host for the hour. >> plus starwood hotel ceo frits van paaschen on the effects of the fiscal cliff and avoiding the european recovery model. >> we know big ben. >> parliament. >> the third hour of "squawk box" begins right now. >>> welcome back to "squawk box" here on cnbc....
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obama's big meeting with some of those ceos. john? >> the other way the ceos are in the middle of this is the president appeared before the business roundtable today as part of his effort to continue rounding up support from various constituencies for what he calls a balanced approach. one of the things he pressed was a priority that the head of the business roundtable, john eng r engler, has suggested which is a longer term fix to the debt ceiling problem. remember that it was a catastrophic standoff in mid 2011 that caused the downgrade in u.s. credit. president said he's simply not going to negotiate in the negotiating process that results in the same kind of stand-off. here is the president. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation? which, by the way, we have never done in our history until we did it last year. i will not play that game because we've got to break that habit before it starts. >> so w
obama's big meeting with some of those ceos. john? >> the other way the ceos are in the middle of this is the president appeared before the business roundtable today as part of his effort to continue rounding up support from various constituencies for what he calls a balanced approach. one of the things he pressed was a priority that the head of the business roundtable, john eng r engler, has suggested which is a longer term fix to the debt ceiling problem. remember that it was a...
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however, neither the white house nor house speaker boehner's office are giving any public indication that either side is yet prepared to give up real ground. on a road trip yesterday, president obama indicated that he is willing to compromise, just not on that point about an increase in tax for relthy americans. meantime, speaker boehner says he is still waiting on specific spending cuts. joining us now for analysis, tony fratto, of hamilton place strategies and former white house press secretary and gerald bernstein former economic adviser to vice president joe biden. gentlemen, thank you for being here with us and getting this special day of coverage kicked off for us. >> rising early and rising above. >> exactly. let's talk about this. jared, it seems like things have gotten quieter. do you think that's the case? is that a good sign? >> i think it's probably a pretty good sign. if you look at this morning's papers, you see a number of articles suggesting that there's a bit more compromise in the air. my concern is that tomorrow's papers may say the opposite. so interestingly, ther
however, neither the white house nor house speaker boehner's office are giving any public indication that either side is yet prepared to give up real ground. on a road trip yesterday, president obama indicated that he is willing to compromise, just not on that point about an increase in tax for relthy americans. meantime, speaker boehner says he is still waiting on specific spending cuts. joining us now for analysis, tony fratto, of hamilton place strategies and former white house press...
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bill daley was the white house chief of staff under president obama during the debt ceiling negotiations last year. mr. daley, thank you very much for joining us this morning. >> thanks for having me. >> reporter: we were just trying to figure out what to make of this. all morning long we've been saying it's relatively good news that we haven't within hearing from the principalprincipals. what does it mean now that speaker boehner is going to be addressing the house at noon. >> i think it's a strong sign there is movement. i don't know that. i'm not on the inside. i don't know what's going on. i doubt the speaker is going to stand up and speak to the body and say nothing's happening and we're not going anywhere and just give a partisan speech. so i'm hopeful that that's what this means. i think it would be damaging to a process that has been basically as it was in '11, a pretty quiet going process kept in secret if all the sudden this becomes anything but that process. i think a very public negotiation does not help getting this done. in what is a relatively very short period to sort of
bill daley was the white house chief of staff under president obama during the debt ceiling negotiations last year. mr. daley, thank you very much for joining us this morning. >> thanks for having me. >> reporter: we were just trying to figure out what to make of this. all morning long we've been saying it's relatively good news that we haven't within hearing from the principalprincipals. what does it mean now that speaker boehner is going to be addressing the house at noon....
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white house. nobody over there wants to go over the cliff at this time, there's nothing that wants to do it. >> once we get over it, we hope it's a bridge to something that will help you and caterpillar compete better in the world. after the cliff, what do you want? is there any emphasis on corporate tax reform that we need or how to bring $2 trillion back to this country? aren't those things, did you talk about any of those or the cliff? >> we talked about all of those, long-term competitiveness for our country, immigration reform that needs to happen, and there's a lot of bipartisan support for corporate and personal tax reform next year and i know j.timmonds was on earlier. private factories in this country need more also. that's a hot topic right around the corner but it's important we get through the cliff, that government governors, we get leadership, get over the cliff and move to the next thing. i think everybody's talking about it. >> doug, let me ask you a question. i think there's a str
white house. nobody over there wants to go over the cliff at this time, there's nothing that wants to do it. >> once we get over it, we hope it's a bridge to something that will help you and caterpillar compete better in the world. after the cliff, what do you want? is there any emphasis on corporate tax reform that we need or how to bring $2 trillion back to this country? aren't those things, did you talk about any of those or the cliff? >> we talked about all of those, long-term...
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it seems to me that boehner is increasingly des sfroot try to get something out of the white house. if you look what the we now learn on the tuesday night conversation, they were emphasizing how far apart they were. and the reality is that obama has a very, very strong hand here, doesn't he, because if we go over the fiscal cliff and all taxes go up, he just on day one of congress comes back to them and says, okay, i now want to pass legislation to cut taxes for those earning less than 250,000. what are the republicans going to do not pass a tax cut? it seems to me that he has got all the cards here. >> well, more and more republicans are coming to that conclusion, simon. we saw even yesterday, john cornyn, very conservative senator of texas, chaired the senate campaign committee said at the end of the day, we are going to have to extend these tax cuts for people under $250,000 bob corker said the same thing, tom cole in the house said the same thing h the question's going to be how do you get members of the house republican caucus to vote that way? many of them are from very conser
it seems to me that boehner is increasingly des sfroot try to get something out of the white house. if you look what the we now learn on the tuesday night conversation, they were emphasizing how far apart they were. and the reality is that obama has a very, very strong hand here, doesn't he, because if we go over the fiscal cliff and all taxes go up, he just on day one of congress comes back to them and says, okay, i now want to pass legislation to cut taxes for those earning less than 250,000....
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president obama pushed for the power trance fosform as part of white house plan they unveiled a week ago. fiscal cliff, 26 days away. christine romans explains how going over the cliff could affect you and your family. >> reporter: brooke, here's what the sequester could mean for domestic programs. fewer women and children with assistance and child care aid. cuts to education nearly 100,000 head start spots at risk. more than 25,000 teachers and teachers aids could lose their jobs and science and public research grants could be cut including in to cancer and childhood diseases. fewer americans could receive drug abuse treatment and $700 million slashed from the epa budget. cutting back of food inspection. disaster relief, omb says, quote, the federal emergency management administration's ability to respond would be undermined. and finally, from border patrol to hiring new fbi agents, correction officers, federal prosecutors, all could be scaled back. now, all of these cuts, brooke, don't happen exactly at 12:01 a.m. on january 2nd. they happen over the course of a year. but agencies
president obama pushed for the power trance fosform as part of white house plan they unveiled a week ago. fiscal cliff, 26 days away. christine romans explains how going over the cliff could affect you and your family. >> reporter: brooke, here's what the sequester could mean for domestic programs. fewer women and children with assistance and child care aid. cuts to education nearly 100,000 head start spots at risk. more than 25,000 teachers and teachers aids could lose their jobs and...
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." >>> president obama steps out of the white house and into the home of a family much like those many middle class families all across the united states. it's all part of an effort to winover support for his plan in the face of fierce deadlock with the republicans over the looming fiscal cliff. our white house correspondent dan lothian caught up with the family just after the president left. dan is joining us now with the latest. how did it go, dan? >> reporter: well, wolf, the white house believes it went well. we've seen the president use this strategy before when he's locked in battle with republicans. he takes his message on the road. white house spokesman jay carney saying there are no announcements about face-to-face meetings or phone calls. for now this is how we see the president negotiating. it's a negotiating tactic that president obama always keeps in his tool kit, head to a backyard or living room, sit down with families who say his approach offers economic relief and send a loud message to congress with a personal touch. >> for them to be burdened unnecessarily because de
." >>> president obama steps out of the white house and into the home of a family much like those many middle class families all across the united states. it's all part of an effort to winover support for his plan in the face of fierce deadlock with the republicans over the looming fiscal cliff. our white house correspondent dan lothian caught up with the family just after the president left. dan is joining us now with the latest. how did it go, dan? >> reporter: well, wolf,...
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the white house won't budge on taxes. the republican led house takes a break. can you make sense of this for us? >> i think that's a little above any of our pay grade trying to make sense of it all other than it seems that it's one more fight that we've seen over and over again and we are seeing once again it play out almost as it appears slow motion, carol. you mention the call between speaker boehner and president obama. they may have talked. no read out of the call per se. we are still a long way away from a deal that is for sure. why? because at its most basic neither side is giving on their primary position. president obama continues to insist over and over again any deal must include a tax rate increase on the top 2% of wage earners which republicans just as firmly insist is a nonstarter. today the president is going to continue his public pressure campaign according to the white house, he's meeting with a middle class family in northern virginia to discuss as they put it the importance of extending the tax cut for the middle class. they have not extended
the white house won't budge on taxes. the republican led house takes a break. can you make sense of this for us? >> i think that's a little above any of our pay grade trying to make sense of it all other than it seems that it's one more fight that we've seen over and over again and we are seeing once again it play out almost as it appears slow motion, carol. you mention the call between speaker boehner and president obama. they may have talked. no read out of the call per se. we are still...
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president obama wants to get some of it from the top 2% of wage earners. he wants to raise their tax rate and limit how much they can deduct. the white house says this will bring in $1.6 trillion over ten years. >> that's what the american people have voted for. >> republicans say they'll agree to bring in more money, but not by raising tax rates. in fact, they want to lower tax rates for everyone. instead they'd raise money only by limits deductions and closing loopholes. speaker boehner says this will raise $800 billion over ten years. >> america faces a serious problem. our goal is to make sure it gets solved. >> step two, avoiding the drastic spending cuts that begin on january 1st, the so-called sequester. both sides want to find savings in medicare, but disagree about how to do it. >> we need a responsible white house. we can't sit here and negotiate with ourselves. >> and step three? the debt limit. >> i will not play that game. >> because we've got a -- we have to break that habit before it starts. >> the nation is going to hit the debt limit early
president obama wants to get some of it from the top 2% of wage earners. he wants to raise their tax rate and limit how much they can deduct. the white house says this will bring in $1.6 trillion over ten years. >> that's what the american people have voted for. >> republicans say they'll agree to bring in more money, but not by raising tax rates. in fact, they want to lower tax rates for everyone. instead they'd raise money only by limits deductions and closing loopholes. speaker...
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barack obama. some have signed a petition on whitehouse.gov to say he shouldn't perform. >> the president is supposed to attend that. we'll see. thank you. >>> john travolta and olivia newton john go back to their "grease" roots and pot smokers rejoice. it all happened in five chaotic days. we'll catch you up on the week that was, but first if your cell phone or other tech devices need recharging, new technology makes you the energy generator. cnn's gary tuchman explains in this week's "start small, think big." >> my name is aaron lemieux. i'm founder and ceo of tremont electric and the inven earth of the n power peg >> reporter: designed for hikers, bikers or anyone on the go. >> as you walk along it harvests and stores your human kinetic energy and recharges your mobile electronic devices from the energy that it harvests from you. >> peg stands for personal energy generator. >> demonstrate it simply by standing here and walking in place. >> reporter: aaron lemieux dreamed up the ideas as an engin
barack obama. some have signed a petition on whitehouse.gov to say he shouldn't perform. >> the president is supposed to attend that. we'll see. thank you. >>> john travolta and olivia newton john go back to their "grease" roots and pot smokers rejoice. it all happened in five chaotic days. we'll catch you up on the week that was, but first if your cell phone or other tech devices need recharging, new technology makes you the energy generator. cnn's gary tuchman...
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jeffrey toobin is author of "the oath: the obama white house and the supreme court." so what exactly does he mean? you've studied justice scalia. you have studied the law. when he talks about the reduction to the absurd. >> well, it's actually a very interesting controversy that may be changing before our very eyes, wolf. because historically one of the grounds that congress can pass a law is they say, we morally disapprove. moral disapproval is not an aprop pree grounds for a government action but over time the court has said certain kinds of moral disapproval is no longer allowed. you can't simply disapprove of blacks and whites going to school together and pass a law. the question now is, is moral disapproval of homosexuality a legitimate ground for the government doing anything? that's really one of the main issues in this case coming out. >> that's his argument, that that's why he's opposed to it? is that what you're saying? >> well, what he's saying is that the legislature, whether it's a state legislature or congress can say we morally disapprove of homosexuali
jeffrey toobin is author of "the oath: the obama white house and the supreme court." so what exactly does he mean? you've studied justice scalia. you have studied the law. when he talks about the reduction to the absurd. >> well, it's actually a very interesting controversy that may be changing before our very eyes, wolf. because historically one of the grounds that congress can pass a law is they say, we morally disapprove. moral disapproval is not an aprop pree grounds for a...
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. >> in his weekly white house address this morning, president obama responded to boehner's remark. >> i'm willing to make more entitlement spending cuts on top of the one trillion dollars in spending cuts i signed into law last year. but if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle class families, then we're also going to have to ask the wealthiest americans to pay higher tax rates. that's one principle i won't compromise on. >>> holiday hiring may have given a big boost to the jobs report released yesterday. retail hirers hired more people than any month on record since 1939. 146,000 jobs were added to the economy last month, and the unemployment rate fell to a four-year low of 7.7% partly because thousands have just simply stopped looking for work. >>> more good news for your wallet. gas prices are down to an average of $3.36. it is the 16th consecutive time the price has dropped. the highest price for a gallon of regular is in high wher
. >> in his weekly white house address this morning, president obama responded to boehner's remark. >> i'm willing to make more entitlement spending cuts on top of the one trillion dollars in spending cuts i signed into law last year. but if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle class families, then we're also going to have to ask the...
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apparently the white house was listening. wait until you hear this. that's twenty bucks less than toys 'r' us. wow! that's a big difference. would your daughters like it? they'd love it! see for yourself if you could save on the brands you want. walmart. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. >>> your kids' school lunches will be getting a makeover. there rn kids in kansas who were frustrated of the lunches saying they were too skimpy. they uploaded a video on youtube and apparently the white house was listening. ♪ i want to bring in elizabeth cohen to talk about this rule r
apparently the white house was listening. wait until you hear this. that's twenty bucks less than toys 'r' us. wow! that's a big difference. would your daughters like it? they'd love it! see for yourself if you could save on the brands you want. walmart. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the...
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let's bring in our kmeef white house correspondent jessica yellin. what is the white house saying about today's dramatic, very important decision by the federal reserve? >> reporter: wolf, as usual, they are saying nothing. they don't want to comment on fed policy from the white house podium because they never want to say anything that might rock the markets. but i can tell you that democrats generally view these moves as a positive sign something that will create predictability for business so that's something that pleases them. also, behind closed doors here at the white house, wolf, they have been meeting with business leaders today. the president's top advisers and chiefly his economic team has been meeting with ceos and wall street hon chos trying to continue their charm offensive to help some of the nation's top business executives sell their deal on the fiscal cliff and this week the white house had a major victory on that front. the business roundtable, the group that represents some of the top business ceos changed its position and came out
let's bring in our kmeef white house correspondent jessica yellin. what is the white house saying about today's dramatic, very important decision by the federal reserve? >> reporter: wolf, as usual, they are saying nothing. they don't want to comment on fed policy from the white house podium because they never want to say anything that might rock the markets. but i can tell you that democrats generally view these moves as a positive sign something that will create predictability for...
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. >> we are hearing that president obama may make an appearance at today's white house briefing. that briefing set for 1:45 this afternoon with jay carney. c-span2 will be covering that live. and now bob woodward on his latest book "price of politics." he spoke with "politico's" chief white house correspondent mike allen and failing to chief a compromise. this is part of a "politico" playbook discussion. it's about 25 minutes. [applause] >> good morning. welcome to "playbook breakfast." thank you for coming out so early. we're excited to have an amazing double-header today. we are going to talk to senator rubio who last night gave a big speech, one of the first formal speeches looking ahead to the future of the republican party. we are going to talk to senator rubio about that. first we have the amazing treat of bob woodward who has a fantastic book out on the last grand bargain negotiations, is going to be joining us in just a second. first, welcome, all the people out in livestream land. we'll be taking your questions on #politicobreakfast. tweet us. welcome to c-span and to ot
. >> we are hearing that president obama may make an appearance at today's white house briefing. that briefing set for 1:45 this afternoon with jay carney. c-span2 will be covering that live. and now bob woodward on his latest book "price of politics." he spoke with "politico's" chief white house correspondent mike allen and failing to chief a compromise. this is part of a "politico" playbook discussion. it's about 25 minutes. [applause] >> good...
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first, they said they wanted to make barack obama a one-term president. what are they tried to do now? to some extent the white house as well. host: thank you for the call this morning. here is "the wall street journal." and that peace in "the wall street journal." i want to show you a clip of john boehner talking about his position. [video clip] >> we have a debt problem out of control. we have to cut spending. the revenues we are putting on the table will come from -- guess who -- the rich. there are ways to limit deductions, close loopholes, and have the same people pay more of their money to the federal government without raising tax rates which we believe will harm the economy. host: we are taking your calls this morning on whether members of congress and the presidential compromise or stick to their principles. brian is next from massachusetts on the independent line. caller: good morning. i think the republicans and democrats -- medicare is not paying for itself. it is costing us more than what we pay into it. if you make $1,000, they take $100 of
first, they said they wanted to make barack obama a one-term president. what are they tried to do now? to some extent the white house as well. host: thank you for the call this morning. here is "the wall street journal." and that peace in "the wall street journal." i want to show you a clip of john boehner talking about his position. [video clip] >> we have a debt problem out of control. we have to cut spending. the revenues we are putting on the table will come from...
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obama, the white house projection last offer -- \[inaudible] 53% of americans will blame republicans in congress if you go over the fiscal cliff. how long can you have that hard line on those making 250 and above. >> america faces a very serious problem and our goal is to make sure it gets solved. we have a debt problem that is out of control. we have got to cut spending and i believe it is appropriate to the receive news we are putting on the table are going to come from, guess who? the rich. there are ways to limit deductions, close loopholes and have the same people pay more -- more of their money to the federal government without raising the tax rates which we believe will harm our economy. \[inaudible question] >> i think our members understand the seriousness of the situation that our country faces. trillion dollar deficits for as far as the eye can see. $16 trillion of debt on the books. every man, woman and child owing the american government $50,000 and that number is increasing every single year. as a result, our members understand that we've got to solve the problem, and w
obama, the white house projection last offer -- \[inaudible] 53% of americans will blame republicans in congress if you go over the fiscal cliff. how long can you have that hard line on those making 250 and above. >> america faces a very serious problem and our goal is to make sure it gets solved. we have a debt problem that is out of control. we have got to cut spending and i believe it is appropriate to the receive news we are putting on the table are going to come from, guess who? the...
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is it a pro-obama group or republican? it is really its own group. host: who are some of the names people might recognize, the ceo's of which companies? guest: the efforts the white house has made this year is much larger and much more effective than it was last year. they are bringing in more people with business ford but with a lot of other organizations as well. the president spoke with financial services leaders and has brought in two groups of big-name ceos. -- the president has spoken with business forward. of out of 10 per ceo's small companies. -- tend to be ceo's of small companies. smaller investors, smaller business owners. host: what are the members concerns with the fiscal cliff stocks? guest: for most small-business owners and senior executives at big companies, the fear is that going over the cliff, even on a technical term, will increase their borrowing costs and will put our economic recovery at risk. most business leaders point to simpson-bowles. they understand that we have to raise revenue and we also have to control spending. the
is it a pro-obama group or republican? it is really its own group. host: who are some of the names people might recognize, the ceo's of which companies? guest: the efforts the white house has made this year is much larger and much more effective than it was last year. they are bringing in more people with business ford but with a lot of other organizations as well. the president spoke with financial services leaders and has brought in two groups of big-name ceos. -- the president has spoken...
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then i heard barack obama say the way we are going to do it is by making more cuts in various ways. he was saying by making more cuts and the only people it is going to hurt is the working class and somewhat of the middle-class. he should mention the fact that out of control spending has a lot to do with the credit card crunch. specifically because of the middle-class. i think if we get those tax cuts centered with them, i do not think the poll would be affected. you have these small companies that are developing, and he is saying have those small companies hire more people and get them involved, but come consumer expenditures. that is partially i think a solution. host: you are calling on the republican line and you think hillary clinton would make a good candidate. would you vote for her in 2016? caller: i think she would be a very vital aspect to the political process. as far as her running for president, 2016 -- god knows what may happen from this point to that point. as far as her role as a democrat, i think by working along with the republicans, she would make a difference. ho
then i heard barack obama say the way we are going to do it is by making more cuts in various ways. he was saying by making more cuts and the only people it is going to hurt is the working class and somewhat of the middle-class. he should mention the fact that out of control spending has a lot to do with the credit card crunch. specifically because of the middle-class. i think if we get those tax cuts centered with them, i do not think the poll would be affected. you have these small companies...
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the white house will send the proposal to capitol hill this week. it should be between $45,000,000,000.50 $5 billion, according to officials -- $45 billion and $55 billion, according to officials. both democratic and republican lawmakers from the region quickly expressed disappointment in the pending request and lobby the administration to increase it before sending it to congress. sue in oklahoma on our line for independents. i think we have time for your point. caller: in a column today it said that clinton's 2001 balance the budget spent $1.94 trillion. today the revenue is $2.67 trillion. spending is $3.76 trillion. we are spending $987 billion more than if we had just increased the 2001 budget for inflation and population growth. i understand about the mores. i am incensed, as i think most voters are -- wars. i am incensed, as i think most voters are. host: the chair of the senate banking, housing and urban affairs committee is in his seat. the ring with secretary donovan is about to begin. -- hearing with secretary donovan is about to begin. [
the white house will send the proposal to capitol hill this week. it should be between $45,000,000,000.50 $5 billion, according to officials -- $45 billion and $55 billion, according to officials. both democratic and republican lawmakers from the region quickly expressed disappointment in the pending request and lobby the administration to increase it before sending it to congress. sue in oklahoma on our line for independents. i think we have time for your point. caller: in a column today it...
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obama-friendly business groups given great access to the white house. guest: we bring business leaders from around the country to work on health care reform, immigration reform, the fiscal cliff, intellectual property protection and the business leaders are speaking for themselves. generally speaking, business leaders are centrists. they're data driven, results oriented. and they are looking for compromise in washington. state proobama group? a republican group? it's its own group. host: who are some of the names people might recognize or c.e.o.'s of which companies that have talked to the president? guest: i think the effort that the white house has made this year is much larger than i think much more effective than last year. they're bringing in more people with business forward but with a lot of other organizations as well. the president spoke to financial services leaders, brought in i think at least two groups of big-name c.e.o.'s. what we're talking about is business leaders from local markets. six out of 0 people who participate in business forwa
obama-friendly business groups given great access to the white house. guest: we bring business leaders from around the country to work on health care reform, immigration reform, the fiscal cliff, intellectual property protection and the business leaders are speaking for themselves. generally speaking, business leaders are centrists. they're data driven, results oriented. and they are looking for compromise in washington. state proobama group? a republican group? it's its own group. host: who...
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. >> president obama and house speaker john boehner met at the white house today to discuss ongoing negotiations over the impending fiscal cliff. both men agree to not release details of the conversation. last tuesday, former joint chiefs chairman admiral mike mullen called on congress to avert the so-called fiscal cliff and lay a framework for a debt reduction and economic growth over the next two years. he spoke of a forum hosted by the coalition for fiscal and national security. this is about 45 minutes. >> all set? good afternoon. thank you for coming. my name is pete peterson. i want to give you first a review of our foundation and why we are supporting the project you will hear about today. starting about 30 years ago, after starting the profound demographic trend and the vast unfunded promises we had made, i decided that our projected long term, and i emphasize long-term paths were not only unsustainable but the primary threat to our future. speaking of unsustainable, in the next white house in which i served, the chairman of the council of economic advisers -- he said, if something is un
. >> president obama and house speaker john boehner met at the white house today to discuss ongoing negotiations over the impending fiscal cliff. both men agree to not release details of the conversation. last tuesday, former joint chiefs chairman admiral mike mullen called on congress to avert the so-called fiscal cliff and lay a framework for a debt reduction and economic growth over the next two years. he spoke of a forum hosted by the coalition for fiscal and national security. this...
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the word is president obama >>> mr. speaker, last week the averlicans made a serious offer to the fiscal cliff and most of year bas based on testimony givn last year by president clinton's former chieffo of staff erskinbowles and as he set himself on sunday, we have too t cut spending. well, he's right. has a speg washington has a spending be hone let's be honest, west are broke. president's call for a balanced approach. a lot of people know that the president and i met on sunday. it was a nice meeting. it was cordial. we're still waiting for the white house to see what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. where are the president's spending cuts? the longer the white house slow walks this process the closer our economy gets fought fiscal cliff. -- gets to the fiscal cliff. here's what we know. we know that the president wants more stimulus spending and an increase in the debt limit without any cuts or reforms. that's not fixing our problem.
the word is president obama >>> mr. speaker, last week the averlicans made a serious offer to the fiscal cliff and most of year bas based on testimony givn last year by president clinton's former chieffo of staff erskinbowles and as he set himself on sunday, we have too t cut spending. well, he's right. has a speg washington has a spending be hone let's be honest, west are broke. president's call for a balanced approach. a lot of people know that the president and i met on sunday. it...
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the tax increases that president obama is now trying to push through will really do almost nothing to reduce our national deficit and nothing to reduce our national debt. the white house and democrats in the senate are focused only on tax hikes while they continue ignoring the real drivers of our debt, which is the out-of-control entitlement programs -- social security, medicare, and medicaid. until we find a way to do meaningful entitlement reform, no amount of tax revenue will be able to match the increase in violate spending. -- in entitlement spending. the president continues in his campaign mode going around the country to try to sell his tax hikes. the president and the democrats in congress are willing to go over the fiscal cliff in order to get those tax hikes. rather than negotiate in good faith, they're willing to try to spend their time trying to convince the american people that it's just someone else's fault. going over the fiscal cliff will mean another recession, and this one is squarely on the shoulders of president obama. it will mean unemployment spiking back up over
the tax increases that president obama is now trying to push through will really do almost nothing to reduce our national deficit and nothing to reduce our national debt. the white house and democrats in the senate are focused only on tax hikes while they continue ignoring the real drivers of our debt, which is the out-of-control entitlement programs -- social security, medicare, and medicaid. until we find a way to do meaningful entitlement reform, no amount of tax revenue will be able to...
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she said who is a marxist in our white house? of course it is barack hussein obama and i don't know why we're not calling him what he is. >> does she know the definition of marxism? >> stephanie: it is as if when the wall fell, communism died. it didn't. today it is red on the outside and barack obama is implementing his green agenda which is marxism. >> ah, right. >> stephanie: bugga lug about -- bug gabug ga. >> i don't know how to work a shoe. >> stephanie: how do buttons go again? >> don't know how to work a shoe. >> stephanie: how do you work a shoe? they're all so different. she was offend by his narcissistic behavior at the presidential debate so much so she wanted to go up and smack his face. >> i'm sure the secret service would have loved that. >> stephanie: she decried the california marijuana legalization initiative as part of obama's anti-american plans. >> he's against it. >> he's a moron. >> stephanie: okay. she said i'm telling you barack hussein obama has to have a teleprompter because he fried his brain on drugs.
she said who is a marxist in our white house? of course it is barack hussein obama and i don't know why we're not calling him what he is. >> does she know the definition of marxism? >> stephanie: it is as if when the wall fell, communism died. it didn't. today it is red on the outside and barack obama is implementing his green agenda which is marxism. >> ah, right. >> stephanie: bugga lug about -- bug gabug ga. >> i don't know how to work a shoe. >>...
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afterwards the obamas and dog bo will give a tour of the white house. hundreds of people are already gathering at the state capital in lancing, michigan as the city prepares for what could be the largest demonstration in history. the legislature has now rushed through right to work legislation, and governor rick snyder is expected to sign it today. police are on hand and limbed the number of people allowed in the common areas of the capitol. president obama said the right to work bill is not about economics and has everything to do with politics. taxpayers have now made a total of about $22.7 billion overall from the government's investment in the bank rescue. aig is now fully private again. and the british bank is going to pay the u.s. a $1.9 billion penalty for breaking u.s. sanction laws. they have transferred money through every day presents another exciting issue. from financial regulation, fraud on wall street. things everyday exploding around the world that leave no shortage for exciting conversations. at the end of the show, you know what has ha
afterwards the obamas and dog bo will give a tour of the white house. hundreds of people are already gathering at the state capital in lancing, michigan as the city prepares for what could be the largest demonstration in history. the legislature has now rushed through right to work legislation, and governor rick snyder is expected to sign it today. police are on hand and limbed the number of people allowed in the common areas of the capitol. president obama said the right to work bill is not...
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in a statement released last thursday a white house spokesman said that president obama has been opposed to right to work laws for a very long time. and that the strength of autoworkers in michigan is proof of how the unions help to build the economy and strengthen the middle class. right to work laws make it illegal for unions to automatically deduct dues from payrolls and people who support the law say that workers shouldn't have to be part of a union if they don't want to. but what really happens is nonunion workers benefit from a unionized workplace without having to financially contribute. ultimately, the laws end up cutting into union financing and weakening their bargaining power. we're back with more steph after the break. stay with us! a >>> she get's the comedians laughing... >>>that hilarious. >>>and the thinkers thinking. joy>>>okay so. there's wiggle room in the ten commandments is what you're telling me? >>she's joy behar. joy>>>and the best part is that current will let me say anything. what the hell were they thinking? >>>> only on current tv. brought to you by geico 15 m
in a statement released last thursday a white house spokesman said that president obama has been opposed to right to work laws for a very long time. and that the strength of autoworkers in michigan is proof of how the unions help to build the economy and strengthen the middle class. right to work laws make it illegal for unions to automatically deduct dues from payrolls and people who support the law say that workers shouldn't have to be part of a union if they don't want to. but what really...
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in a statement released last thursday, a white house spokesman said that president obama has been opposed to right to work laws for a very long time. and that the strength of autoworkers in michigan is proof of how the unions help to build the economy and strengthen the middle class. right to work laws make it illegal for unions to automatically deduct dues from payrolls and people who support the law say that workers shouldn't have to be part of a union if they don't want to. but what really happens is nonunion workers benefit from a unionized workplace without having to financially contribute. ultimately, the laws end up cutting into union financing and weakening their bargaining power. we're back with more steph after the break. stay with us! (vo) this friday current tv presents a special event. >> nobody knows disasters like comedians. that's why for my upcoming benefit for victims of hurricane sandy, i booked the strongest, smartest comics i could find. my comedian friends and i will raise money to rebuild homes and lives one laugh at a time. so tune in next friday for my all star co
in a statement released last thursday, a white house spokesman said that president obama has been opposed to right to work laws for a very long time. and that the strength of autoworkers in michigan is proof of how the unions help to build the economy and strengthen the middle class. right to work laws make it illegal for unions to automatically deduct dues from payrolls and people who support the law say that workers shouldn't have to be part of a union if they don't want to. but what really...
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>> stephanie: newsletter blasts obama for having nbc host despite her visit to the bush white house. [ laughter ] >> stephanie: president obama has met with msnbc host along with other progressives -- was i invited no. can anyone even imagine if fox news had stopped by the bush white house to discuss policy? they would have been rightly outraged. [ wah wah ] >> rush limbaugh sat in george bush senior's box during the convention. >> stephanie: an influential group of conservative radio hosts including laura ingraham. >> imagine if we had down that. [ mocking whining ] >> to the right. >> >> stephanie: the "stephanie miller show" has no information as to whether laura ingraham likes her hair pulled during sex. if she does it's to the right. all right [ inaudible ] go ahead. >> caller: our president is doing so bad but yet apple wants to move the factory here. >> stephanie: exactly right. unemployment dropped to the lowest in four years. >> caller: yeah, so i mean these guys are all hot wind. they are trying to push the statute of liberty over the cliff, and it is not happening. >> real
>> stephanie: newsletter blasts obama for having nbc host despite her visit to the bush white house. [ laughter ] >> stephanie: president obama has met with msnbc host along with other progressives -- was i invited no. can anyone even imagine if fox news had stopped by the bush white house to discuss policy? they would have been rightly outraged. [ wah wah ] >> rush limbaugh sat in george bush senior's box during the convention. >> stephanie: an influential group of...
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there's so much speculation about sunday's meeting at the white house. president obama and john boehner, mano y mano, eric cantor wasn't there nobody else in the room with him. and what does it mean, if anything? >> i think it means that they're at least talking and neither of them came out afterwards and said, you know, we're -- there's no chance for a deal. i think the less we hear in terms of a deal being made, the better. the fewer the leaks the fewer the complaints. the more the likelihood we get a fiscal cliff agreement at some point. there's still obviously the chance we go off the cliff. i think that's pretty unlikely to come to some arrangement on the tax increases. offset by entitlement reforms. the big question is what would democrats agree to and can the president bring them all along? he had that conversation with harry reid from air force i yesterday, i believe. which is significant in the sense that if we believe he's now trying to craft some sort of compromise deal, the democrats will accept, that we'll have some changes to social securit
there's so much speculation about sunday's meeting at the white house. president obama and john boehner, mano y mano, eric cantor wasn't there nobody else in the room with him. and what does it mean, if anything? >> i think it means that they're at least talking and neither of them came out afterwards and said, you know, we're -- there's no chance for a deal. i think the less we hear in terms of a deal being made, the better. the fewer the leaks the fewer the complaints. the more the...
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president obama is willing to let the country go over the cliff. this is a choice of the republican party if they are willing to do higher rates on the country, there is a lot to talk about, if they are not, they will push us over the cliff. tim geithner said there is no prospect in an agreement that doesn't include the tax rate going up on the top 2% of americans. he said we are not prepared to have the american economy held hostage to periodic threats. >> there you go. >> stephanie: and he pointed out, taxes were the centerpiece of the presidential campaign. he ran on a pledge to repeal these tax cuts. 60% of voters backed obama's reelection a new poll suggests that -- >> including republicans. >> stephanie: yeah he said republicans would take the bulk of the blame if this happens. i think we're in a strong position. >> i do too. >> stephanie: every time they talk on tv it's like lost lost lost lost you lost. this is the best thing, chris, i have read thus far on this. [ ♪ patriotic music ♪ ] >> stephanie: fiscal cliff let's take the plunge i
president obama is willing to let the country go over the cliff. this is a choice of the republican party if they are willing to do higher rates on the country, there is a lot to talk about, if they are not, they will push us over the cliff. tim geithner said there is no prospect in an agreement that doesn't include the tax rate going up on the top 2% of americans. he said we are not prepared to have the american economy held hostage to periodic threats. >> there you go. >>...
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president obama marking that this evening at the white house. jay carney will hold his regular press briefing at 1:00 today. and i'll be there representing all of you. >> announcer: this is the "bill press show." [ ♪ theme ♪ ] >> bill: hey, good morning everybody! it is thursday, december 13. this is the "full court press." welcome to the program here on current tv coming to you live all the way across this great land of ours from our studio on capitol hill in washington, d.c. our nation's capital. with everything else going on here today president obama at the request of governors christie and cuomo president obama has asked congress for an extra $60 billion to help those two states, new york and new jersey, recover from the impact of hurricane sandy. but republicans in congress are balking. they're not buying it. they say there's no evidence there was that much damage from hurricane sandy. oh yeah? maybe they ought to talk to governor christie about that. we'll get into that and a whole lot more here. first we take time out to get the late
president obama marking that this evening at the white house. jay carney will hold his regular press briefing at 1:00 today. and i'll be there representing all of you. >> announcer: this is the "bill press show." [ ♪ theme ♪ ] >> bill: hey, good morning everybody! it is thursday, december 13. this is the "full court press." welcome to the program here on current tv coming to you live all the way across this great land of ours from our studio on capitol hill...
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. >> i pointed out, no, the direction comes from the white house. is this a prior to for the president? according to norml the obama administration shut down more than george bush and why is this a prior to a prior to for priority. all i got was the justice administration was reviewing the matter. >> they are going to do nothing. past is prologue. if the state is the player regulation, and we are talking pretty high-techniequipment today, rfid radio frequency id tags used to track the plants from the point of creation to the point of consumption. in colorado they call it from seed to sale. the feds haven't done anything an the state is collecting 50 to $70 million a year in taxes. it's only places like california, unfortunately, where the sacramento did not step up and pass tax and regulation laws where theile sayingnate abhors a vacuum, the federal government goes in there and raids these clubs. if the state is a player, the feds largely are hands-off. >> help me out here. so in washington state and colorado, it's not only legal toto i am bible or
. >> i pointed out, no, the direction comes from the white house. is this a prior to for the president? according to norml the obama administration shut down more than george bush and why is this a prior to a prior to for priority. all i got was the justice administration was reviewing the matter. >> they are going to do nothing. past is prologue. if the state is the player regulation, and we are talking pretty high-techniequipment today, rfid radio frequency id tags used to track...
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president obama is begin talking his fiscal cliff plans today. he will be on a conference call from the white house with a bi-partisan group of mayors and community leaders. the group will focus on how to prevent taxes from going up from middle class americans along with finding ways to grow the economy and reduce the deficit. turning to syria this morning, president obama is now stepping up pressure on bashar asaad with his official recognition of syria's opposition group. here with an interview with barbara walters. >> we have made a decision that the syrian opposition coalition is inclusive enough is reflective and representative enough of the syrian population that we consider them the legitimate representative of the syrian people in opposition to the outside regime. >> again, that's come from an exclusive interview yesterday with abc's barn with a walters. u.s. security officials are monitoring syria in case asad will use chemical weapons against his own people. other world leaders are expected to recognize the opposition. they say they wil
president obama is begin talking his fiscal cliff plans today. he will be on a conference call from the white house with a bi-partisan group of mayors and community leaders. the group will focus on how to prevent taxes from going up from middle class americans along with finding ways to grow the economy and reduce the deficit. turning to syria this morning, president obama is now stepping up pressure on bashar asaad with his official recognition of syria's opposition group. here with an...
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. >> i think if it would have been a white president -- a white president running against mitt romney, he loses. i think the racial dynamic played a large part in president obama winning. >> that's deep thinking. >> stephanie: that's horribly racist right there. he won a second time because he's black. two landslides. yeah. okay. eric bolling on the 5. a little bob costas bashing. >> i saw this tragedy happen. saturday morning i saw it. i was like how long before someone, someone uses that pulpit to say it has to be head trauma or something else like gun control. i never expected nbc to allow bob costas to come out and do something on their national -- costas is a coward though. he didn't even say he believes this. he said he agrees with ken though. it was his assessment of it. it wasn't even his own thought process. >> stephanie: right. >> agree with someone that is your thought process. if you say that lincoln freed the slaves and i dare say the nfl player was a coward in that situation -- >> stephanie: some people have said worse things on football broadcasts, for instance like rus
. >> i think if it would have been a white president -- a white president running against mitt romney, he loses. i think the racial dynamic played a large part in president obama winning. >> that's deep thinking. >> stephanie: that's horribly racist right there. he won a second time because he's black. two landslides. yeah. okay. eric bolling on the 5. a little bob costas bashing. >> i saw this tragedy happen. saturday morning i saw it. i was like how long before...